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RESTON, Va., Sept. 12, 2022 (GLOBE NEWSWIRE) — Lightbridge Corporation (NASDAQ:LTBR), an advanced nuclear fuel technology company, today reminded stockholders that the virtual Annual Meeting of Stockholders is scheduled for Thursday, October 27, 2022, at 11:00 a.m., Eastern Time and urges all stockholders to vote now. Stockholders are advised that because one of the voting proposals involves a proposed amendment to the Company’s Articles of Incorporation, the holders of a majority of outstanding shares of common stock must approve such a proposal.
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The proxy materials for the Annual Meeting can be found online at https://materials.proxyvote.com/default.aspx?ticker=53224K.
Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “The benefits of nuclear energy have come into focus over the last year like never before. The global growth of energy demand and the need for national energy security continue to drive momentum towards more nuclear industry-friendly policy decisions. Countries and companies worldwide are setting targets for achieving net-zero carbon emissions. The International Atomic Energy Agency estimates that reaching net-zero emissions will require more than doubling current nuclear power generating capacity.”
“Lightbridge is helping lead the way. We are making significant progress in developing Lightbridge Fuel™, which will drive shareholder value creation, but there is still much work to do. With your support, we are confident that Lightbridge will play a central role in the significant growth of nuclear power to meet energy security and climate goals. By voting “For” the proposals in the Annual Meeting proxy, we will be able to continue our progress,” concluded Mr. Grae.
Important Information
This communication may be deemed to be solicitation material in connection with the proposals to be considered at the Meeting. In connection with the proposals, the Company filed a definitive proxy statement on Schedule 14A with the U.S. Securities and Exchange Commission (the “SEC”) on August 31, 2022. Shareholders are urged to read the definitive proxy statement and all other relevant documents filed with the SEC because they contain important information about the proposals. An electronic copy of the definitive proxy statement is available on the Company’s website at www.ltbridge.com/investors and on the Company’s EDGAR profile at www.sec.gov.
